Consumers' budget for a new car Malaysia 2020

According to a survey on people who intended to buy a car during COVID-19 in Malaysia, 53 percent of respondents stated that their budget was less than 80 thousand Malaysian ringgit for a new car. In the same survey, 10 percent of respondents said that their budget was 130 to 200 thousand Malaysian ringgit.

Consumers' budget for a new car in Malaysia as at May 2020

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Release date

July 2020



Survey time period

April to May, 2020

Number of respondents

8,220 respondents

Age group

18 years and older

Special properties

based on respondents intended to buy a car in the next three months

Method of interview

Online survey

Supplementary notes

The questions asked: "What is your planned budget for the car?"

1 Malaysian ringgit (RM) is equal to 0.24 U.S dollars and 0.21 euros as of July 2020.

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